WASHINGTON, DC — Today, Sen. Chuck Grassley and Sen. Amy Klobuchar led 23 senators in a bipartisan letter urging President Trump to maintain the point of obligation under the Renewable Fuel Standard (RFS) and deny proposed changes that would derail the current, successful program. The point of obligation designates who in the fuel supply chain is responsible for blending biofuels, and is a mechanism that ensures higher blends of renewable fuels reach the marketplace.
Growth Energy CEO Emily Skor issued the following statement in response to the letter:
“Growth Energy thanks Sen. Grassley, Sen. Klobuchar, and the other 21 senators leading this important effort to support the Renewable Fuel Standard (RFS), the nation’s most successful energy policy. The point of obligation is a vital component of the RFS and is working as intended to make sure that consumers have a choice of fuel at the gas pump. Growth Energy has consistently opposed any change in the point of obligation.
“The fact is – shifting the point of obligation from refiners and importers to fuel marketers, convenience stores, railroads, truck stops and trucking companies, and even consumer service companies like FedEx and UPS – would throw the RFS into chaos. A change would immediately trigger long and complicated rulemaking that would take years to complete. It would create long-term uncertainty in the entire marketplace and reduce consumer choice at the gas pump by removing the economic incentive for retailers to offer higher biofuel blends, ultimately raising prices on consumers.
“The vast majority of the industry remains united in its opposition to any change to the point of obligation. An America-first energy policy means American consumers can access cleaner, more affordable biofuel options at every gas station nationwide. This is an issue where there is no room to equivocate or barter – preserving the point of obligation is essential to maintaining a strong RFS and growing ethanol demand in the U.S.
“We stand proudly with these 23 senators in opposition to this change and will continue to fight for the ethanol industry and rural America.”
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PHOENIX – Last weekend at the Bluegreen Vacations 500, NASCAR reached a significant milestone, announcing that their drivers have surpassed 15 million miles on Sunoco Green E15, a fuel made with 15 percent American ethanol. NASCAR adopted E15 in 2011 across its three national series to reduce emissions in the sport, while maintaining the high-performance standard needed […]
Thx for the #RecycleChallenge, @rcrracing! #Biofuel production is all about reusing & recycling and at Growth Energy, we make sure to dispose of plastic properly and you can too! Find out how by going to how2recycle.info. We challenge @POETBiofuels to see how they do it! https://t.co/wdutRS05Rf
I joined @SenJohnThune @ChuckGrassley @SenJoniErnst @SenatorFischer & @RoyBlunt in a letter to @realDonaldTrump to request the EPA change its proposed rule to restore integrity to the Renewable Fuel Standard. 15 billion gallons means 15 billion gallons. https://t.co/veBkthgGki
Reminder to all Iowans: The deadline to submit public comments on the @EPA’s supplemental rule is Nov. 29. 15 billion gallons means 15 billion gallons, and Iowa’s farmers and producers are counting on it. Express your support for upholding the #RFS here: https://t.co/R3MA4qz3s8